Merits of Budgetary Control
Write down the merits of Budgetary Control?
Expert
Merits of Budgetary Control are illustrated below: - It is an influential tool for the reason of and profit maximization and cost control.
- It allows the management to make the most of the use of accessible resources in a good number profitable way.
- As a budgetary control is depended on a budget that sets the plan of act in respect of different functional regions of operations. Therefore, it acts as a means of statement of the policies of the management.
- It acts as signifies of communication.
- It acts as a means of improving coordination through developing team strength in the organization.
- It allows the management to take appropriate actions in regard to the unfavorable variations in the real and budgeted results.
- It allows the allocation of authority.
- It is an influential tool with the management for performance assessment.
- It also offers a basis for the establishment of the inducement systems.
What are Liability and Assets in Accounting equation. Also describe it with the help of formula.
State the characteristics of the Composite currency bonds market instrument.
Explain Direct expenses. Also write its main illustrations?
What type of Account is Salary outstanding? What do you think, it is real or personnel or the nominal account?
Explain the benefits you can think of for a company to (a) cross-list its equity shares on more than one national exchange, and, (b) to source new equity capital from foreign investors as well as domestic investors.
State some of the conditions under which the foreign subsidiary’s financial structure become relevant?
Advantages-disadvantages of internal rate of return method
What are the dimensions of creativity in the Creative Field ?
Define the term Cash in accountancy?
Introduction Your task is to produce a Java program, which can calculate income tax and investment growth based on the yearly income/salary of an individual. Below the details are descr
18,76,764
1952377 Asked
3,689
Active Tutors
1426617
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!